What is SOC 2 Type 1 and How can you prepare for it?

Anwita

Anwita

Jun 28, 2024
soc 2 type 1

Within 30-45 days of becoming compliant, we onboarded 2 enterprise clients!

“We looked at what we needed to do and across which aspects of the business. We figured out the controls and implemented a few of them, but managing them with the right set of information and updating them periodically were lacking. This is where Sprinto became a need,”

These are common sentiments shared by our customers. However, they often inquire about key aspects of SOC 2 Type 1 compliance:

  • What is a SOC 2 Type 1 report?
  • Why is SOC 2 Type 1 important?
  • How much does SOC 2 Type 1 cost?
  • How do you obtain a SOC 2 Type 1 report?

And this article will answer all the questions and beyond. You will learn the basic difference between SOC 2 type 1 compliance and Type 2, its importance, and how to prepare for a SOC 2 Type 1 audit. 

What is SOC 2 Type 1?